HSBC is looking to launch an open-ended protected fund this autumn which will actively invest in mix...
HSBC is looking to launch an open-ended protected fund this autumn which will actively invest in mix of FTSE 100 equities and cash. Designed by director of structured products, James Chu, the Oeic will carry a 90% capital guarantee and will be managed by the French firm Sinopia Asset Management. It a subsidiary of the HSBC Group, which currently runs a number of open-ended structured products in France. While the final details of the product have yet to be decided, however the equity and cash elements in the portfolio will be rebalanced to make sure the net asset value cannot fall by mo...
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